Tuesday, March 19, 2019

Spray Beach and the Long Beach Island New Jersey Real Estate Market 2018

Spray Beach and the Long Beach Island New Jersey Real Estate Market 2018





LBI NJ Real Estate

The Spray Beach real estate market had a strong 2018. In total there were 12 transactions of all property types including single family homescondominiumsmulti-family homesvacant land and commercial real estate. The average price of a single family home in Spray Beach was high at over $1,300,000 thanks to some larger sales. While this is a little lower than 2017, it is still higher than the average single family home price in the Long Beach Island real estate market.





By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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Monday, March 18, 2019

Ship Bottom and the Long Beach Island New Jersey Real Estate Market 2018

Ship Bottom and the Long Beach Island New Jersey Real Estate Market 2018




LBI NJ Real Estate

The Ship Bottom real estate market, like many other areas of the LBI real estate market saw a drop in activity in 2018. In total there were 66 transactions of all property types including single family homescondominiumsmulti-family homesvacant land and commercial real estate. The average price of a Ship Bottom single family home home came in right around $800,000 but the 66 closed sales in 2018 was a big drop from the 82 seen in 2017.





Sunday, March 17, 2019

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/10/2019-3/17/2019

Long Beach Island Real Estate Weekly Sales Update LBI Real Estate Weekly Sales 3/10/2019-3/17/2019




Long Beach Island Real Estate

LBI Real Estate Weekly Sales Update 3/10/2019-3/17/2019: The Long Beach Island real estate market had an active week. In particular a higher than average number of homes went into pending. To help understand the dynamics of the LBI real estate market for buyerssellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:
  • 20 new listings entered the market with an average price of $1,100,000 (rounded)
  • 18 listings went under contact with an average listing price of about $1,000,000 (rounded)
  • 7 properties sold on Long Beach Island with an average price of $1,800,000 (rounded)
  • 12 listings were either withdrawn of expired in the LBI real estate market




By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

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Saturday, March 16, 2019

North Beach Haven and the Long Beach Island New Jersey Real Estate Market 2018

North Beach Haven and the Long Beach Island New Jersey Real Estate Market 2018






LBI NJ Real Estate

The North Beach Haven NJ real estate market, which is actually part of Long Beach Twp, was one of the few areas of the LBI real estate market that improved in 2018. There were more sales and the average price of a single family home increased too. In total there were 21 transactions of all property types including single family homescondominiumsmulti-family homesvacant land and commercial real estate. There were 14 closed single family homes with an average price of about $950,000.





By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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Friday, March 15, 2019

Loveladies and the Long Beach Island New Jersey Real Estate Market 2018

Loveladies and the Long Beach Island New Jersey Real Estate Market 2018



LBI NJ Real Estate

Loveladies saw very little change from 2017 to 2018. This is one of the few markets on Long Beach Island that did not see a major change. There were almost the same number of sales in 2017 and 2018, 43 and 42 respectively. In total there were 42 transactions of all property types including single family homescondominiumsmulti-family homesvacant land and commercial real estate. The average price of a single family home, the only style of home to sell in Loveladies, was over $1,600,000. This was still the highest on LBI for 2018 but a little lower than last year.